ExamWorks Group Inc's change in receivables for the quarter that ended in Dec. 2014 was $-11.9 Mil. It means ExamWorks Group Inc's accounts receivablesdeclined by $11.9 Mil from Sep. 2014 to Dec. 2014 .

ExamWorks Group Inc's change in receivables for the fiscal year that ended in Dec. 2014 was $-49.4 Mil. It means ExamWorks Group Inc's accounts receivablesdeclined by $49.4 Mil from Dec. 2013 to Dec. 2014 .

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed. ExamWorks Group Inc's days sales outstanding for the three months ended in Dec. 2014 was 91.76.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. ExamWorks Group Inc's liquidation value for the three months ended in Dec. 2014 was $-423.1 Mil.

Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

ExamWorks Group Inc's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

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